Qualifications
The following are the minimum qualifications for being a Director of a Municipal Management District.
Residency
All voting directors must be residents of Rowlett, Texas
Property owners or developers
Directors may not own property or be developers seeking to develop property within the boundary of the municipal management district
Specialized knowledge and skills
Directors must have documentable knowledge, skills and/or experience in financial, real estate, economic development or other financial acumen
Such criteria may be met by holding relevant graduate or undergraduate degree(s); work as an employee, owner or partner in a relevant business or firm; or some other combination of knowledge or skills indicating that the applicant meets the minimum qualifications
Members
The Downtown Management District will be comprised of five voting directors appointed by City Council, and three non-voting ex-officio directors. The Directors will serve four-year staggered terms. Directors will be considered to be public officials entitled to governmental immunity. They will be subject to conflict of interest statues. They must take an oath of office and be bonded. And they will not entitled to compensation but may be reimbursed for necessary expenses.
